The Guardian: Technology Guardian

Friday 23 September 2005

Technology news & features p26

BT announced yesterday its most dramatic restructuring since it was privatised 21 years ago, spinning off the nation's 30m phone lines and the 25,000 engineers that service them into a new division called openreach. By Richard Wray.

Sir Howard Stringer, Sony's first non-Japanese chief executive, began his mission to breathe life back into the group yesterday by announcing it would close 11 of its 65 factories and shed 10,000 jobs worldwide in an attempt to return to profitability. By Justin McCurry.